Yes, but there is another interesting metric we can use. In my fundamental criticism of the term "degrowth". I end my article with a definition of human development: "the creation of future (fundamental) uncertainty". Death (land mines) creates zero uncertainty, only misery. But investing in life (child care) does because it continues the chain of life and represents the door to all future generations to come. Thus enormous potential and massive amounts of future uncertainty of how all those lives will turn out.

Ps. Consumerism was purposely manufactured in the late 50s-60s to prevent people from having free time on their hands. Free time would allow people to start thinking for themselves and time to organise (the biggest fear of all capitalists). A brilliant documentary on this has sadly recently been scrubbed off the internet.